Reinsurance is regarded as a critical tool for effectively managing risks encountered in the
insurance sector and ensuring the long-term sustainability of insurance companies. With
varieties such as Facultative Reinsurance, Treaty Reinsurance and Retrosession,
reinsurance should be viewed as a tool capable of providing numerous advantages and
added value to both insurance companies and customers.
It is an effective solution, particularly for managing large and complex risks or in situations
where conventional insurance products cannot provide the necessary protection, enabling
risks to be minimised. Our experienced teams, which have developed solutions for
numerous complex risks to date in collaboration with our strong business partners in
global markets, continue to support both our clients and our insurance company partners,
particularly in Aviation, Liability, Transport and Engineering Insurance.
To learn more about these solutions, which strengthen insurers’ risk management,
facilitate the sharing and distribution of large and complex risks, and support capital
adequacy by enhancing financial security, please contact our relevant team.
What is reinsurance?
Reinsurance is the process by which an insurance company protects itself by sharing the
risks it has assumed with another insurance company or a reinsurance company.
What is facultative reinsurance?
Facultative reinsurance refers to specific, often one-off and flexible agreements arranged
for a particular policy or risk.
What is treaty reinsurance?
Treaty reinsurance refers to standard reinsurance contracts that cover all risks within a
specific category and are generally ongoing.
What is retrocession?
Retrosession is the process whereby a reinsurance company transfers the risks it has
assumed to another reinsurance company. This allows the risks to be spread across a
wider network.
How does reinsurance work?
An insurance company manages large and complex risks and safeguards its financial
security by transferring or sharing the risks it has assumed with reinsurance companies.
What are the advantages of reinsurance?
Reinsurance provides insurance companies with the advantage of managing large and
complex risks, ensuring financial security, gaining access to international markets, and
offering customer-focused solutions.
How is a reinsurance policy drawn up?
A reinsurance policy is a specific contract that outlines the insurance company’s risk profile
and the agreements made with reinsurance companies.
How are reinsurance companies selected?
Insurance companies select reinsurance companies that suit their needs and risk profiles
and collaborate with them.
What steps does the reinsurance process involve?
The reinsurance process generally involves risk assessment, selection of reinsurance
companies, agreement, policy drafting, management and monitoring.
What is the role of reinsurance in the insurance sector?
Reinsurance is a key risk management tool that helps insurance companies ensure
sustainable growth and financial security.